German

Europe: Stoxx 600 hits two-year high; German, French shares lag
Europe: Stoxx 600 hits two-year high; German, French shares lag
February 19, 2024
EUROPE’S benchmark stock index hit its highest in over two years on Monday on strength in healthcare stocks, while French and German shares lost some steam after scaling record highs...
German property bank’s investor turns short seller as crisis deepens
German property bank’s investor turns short seller as crisis deepens
February 16, 2024
AN INVESTOR-turned-short seller in Germany’s embattled Pfandbriefbank on Friday (Feb 16) told the company to come clean on the extent of its problem real-estate loans or risk being sucked...
German auto supplier Continental says to cut 7,150 jobs
German auto supplier Continental says to cut 7,150 jobs
February 14, 2024
GERMAN auto supplier Continental said on Wednesday (Feb 14) it would cut some 7,150 posts worldwide by 2025 as the difficult switch to electric vehicles forces companies in the...
Blackstone drops out of bidding for German football media rights deal
Blackstone drops out of bidding for German football media rights deal
February 13, 2024
BLACKSTONE has dropped out of the bidding for a controversial football media rights deal in Germany, according to sources familiar with the matter, following a backlash from fans critical...
German investor morale improves, rate cut hopes have ‘doping effect’
German investor morale improves, rate cut hopes have ‘doping effect’
February 13, 2024
GERMAN investor morale improved more than expected in February on hopes of interest-rate cuts, despite a dire assessment of current conditions, the ZEW economic research institute said on Tuesday...